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Inequality, Financialisation, and Risks to the Earth System: In Need for Bold Actions

Inequality, Financialisation, and Risks to the Earth System: In Need for Bold Actions
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Author(s): Jürgen Karl Zattler (German Ministry for Economic Co-Operation and Development, Germany)
Copyright: 2016
Pages: 17
Source title: Handbook of Research on Green Economic Development Initiatives and Strategies
Source Author(s)/Editor(s): M. Mustafa Erdoğdu (Marmara University, Turkey), Thankom Arun (University of Essex, UK) and Imran Habib Ahmad (Global Green Growth Institute, South Korea)
DOI: 10.4018/978-1-5225-0440-5.ch001

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Abstract

This chapter examines the issue of growing inequality in developing countries. The first section of this chapter highlights a few key facts regarding the evolution of inequality. The second session asks why equality matters. The third session focusses on the driving forces behind the growing inequality. The fourth section outlines implications for developing countries and their development strategies. The final section focusses on possible international initiatives which might mobilize “green” investments at big scale and foster equality at the same time.

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